Accounts

A Merchant will have one or more accounts where user Payments will be collected. Every Account has a default transaction currency. Payments received from users will be converted to the transaction currency of the account.

Should the Payment currency match the Merchant Account currency, no currency conversion will be applied, e.g. if DZAR 100 is requested for payment from the user, DZAR 100 will be transferred to your Merchant Account if the Account’s currency is DZAR 100.